Wednesday, 16 February 2011
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Surging corn set to fuel widespread price hikes
Corn's impact on the food industry is unlike that of any other agricultural commodity. At its most basic level, corn is a food staple for billions of people around the world and a key ingredient in dozens of products like breakfast cereals, baked goods, breads, tortillas, chips, soft drinks and even bourbon. But its reach goes much further. Corn drives fertilizer prices because corn plants suck
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